133 High St - Storefront FOR SALE


Bromley, LND BR1 1JF
$1,300,000 USD
133 High St, Bromley, LND for Sale
$1,300,000 USD
Storefront - FOR SALE
1/2
null | 8% Cap Rate

133 High St
Bromley, LND BR1 1JF


HIGHLIGHTS

  • The property is situated on the eastern side of High Street, within the towns 100% retailing pitch.
  • The subject property is adjacent to a full range Marks & Spencer, who have been in occupation since 1931.
  • Let to Moss Bros Group Limited for a term of five years from 13th April 2024, at a current rental of £110,000 per annum.

OVERVIEW

We are instructed to seek offers in excess of £1,300,000 (One Million Three Hundred Thousand Pounds) subject to contract and exclusive of VAT. Allowing for purchaser’s costs of 5.99%, a purchase at this price reflects a net initial yield of 8%. A purchase of the SPV which the subject property is held in may be considered by the vendor. Further information is available upon request.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$450 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1906

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

-

APN/PARCEL ID

SGL43897,SGL676296,SGL743899,SGL760235

ASK ABOUT THIS PROPERTY

Oliver SmartFMX Urban Property AdvisorsMore Info

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Oliver SmartFMX Urban Property AdvisorsMore Info

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